LNG Shipping and Charter Rates

At the close of 2017, there were 440 LNG carriers over 100,000 cbm in service, including 22 vessels delivered during the year. Some 40 vessels were initially slated for delivery during 2017. Thus we note a deferral in the delivery of around 20 carriers from 2017 to 2018. This was a reflection of the poor market conditions during the year, with many owners anxious to take delivery of their ships at the latest date possible depending on the outcome of negotiations with yards. Source: BRS Brokers Key words: FRSU, LNG carriers, LNG charter rates